rida international limited
rida international limited Company Information
Company Number
10819902
Next Accounts
Mar 2025
Industry
Retail sale via mail order houses or via Internet
Directors
Shareholders
tauqir baig
Group Structure
View All
Contact
Registered Address
03 blackthorn mews, rochdale, OL12 6XR
Website
www.ridaint.comrida international limited Estimated Valuation
Pomanda estimates the enterprise value of RIDA INTERNATIONAL LIMITED at £31.2k based on a Turnover of £123.9k and 0.25x industry multiple (adjusted for size and gross margin).
rida international limited Estimated Valuation
Pomanda estimates the enterprise value of RIDA INTERNATIONAL LIMITED at £0 based on an EBITDA of £0 and a 2.91x industry multiple (adjusted for size and gross margin).
rida international limited Estimated Valuation
Pomanda estimates the enterprise value of RIDA INTERNATIONAL LIMITED at £0 based on Net Assets of £-273 and 2.27x industry multiple (adjusted for liquidity).
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Rida International Limited Overview
Rida International Limited is a live company located in rochdale, OL12 6XR with a Companies House number of 10819902. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in June 2017, it's largest shareholder is tauqir baig with a 100% stake. Rida International Limited is a young, micro sized company, Pomanda has estimated its turnover at £123.9k with rapid growth in recent years.
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Rida International Limited Health Check
Pomanda's financial health check has awarded Rida International Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £123.9k, make it smaller than the average company (£344.6k)
- Rida International Limited
£344.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (6.1%)
- Rida International Limited
6.1% - Industry AVG
Production
with a gross margin of 20.1%, this company has a higher cost of product (36.6%)
- Rida International Limited
36.6% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Rida International Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Rida International Limited
4 - Industry AVG
Pay Structure
on an average salary of £27.3k, the company has an equivalent pay structure (£27.3k)
- Rida International Limited
£27.3k - Industry AVG
Efficiency
resulting in sales per employee of £123.9k, this is less efficient (£162.7k)
- Rida International Limited
£162.7k - Industry AVG
Debtor Days
it gets paid by customers after 98 days, this is later than average (21 days)
- Rida International Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (33 days)
- Rida International Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rida International Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rida International Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.8%, this is a higher level of debt than the average (75.4%)
100.8% - Rida International Limited
75.4% - Industry AVG
RIDA INTERNATIONAL LIMITED financials
Rida International Limited's latest turnover from June 2023 is estimated at £123.9 thousand and the company has net assets of -£273. According to their latest financial statements, we estimate that Rida International Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 2 | 1 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 120 | 120 | 246 | 171 | 275 | 344 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 120 | 120 | 246 | 171 | 275 | 344 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 33,333 | 33,333 | 26,169 | 18,050 | 9,386 | 15,061 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 33,333 | 33,333 | 26,169 | 18,050 | 9,386 | 15,061 |
| total assets | 33,453 | 33,453 | 26,415 | 18,221 | 9,661 | 15,405 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 16,941 | 16,941 | 10,639 | 641 | 669 | 727 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 16,941 | 16,941 | 10,639 | 641 | 669 | 727 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 16,785 | 16,785 | 17,836 | 21,160 | 13,189 | 17,308 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 16,785 | 16,785 | 17,836 | 21,160 | 13,189 | 17,308 |
| total liabilities | 33,726 | 33,726 | 28,475 | 21,801 | 13,858 | 18,035 |
| net assets | -273 | -273 | -2,060 | -3,580 | -4,197 | -2,630 |
| total shareholders funds | -273 | -273 | -2,060 | -3,580 | -4,197 | -2,630 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | |||||
| Amortisation | 0 | |||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 7,164 | 8,119 | 8,664 | -5,675 | 15,061 |
| Creditors | 0 | 6,302 | 9,998 | -28 | -58 | 727 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -1,051 | -3,324 | 7,971 | -4,119 | 17,308 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
rida international limited Credit Report and Business Information
Rida International Limited Competitor Analysis
Perform a competitor analysis for rida international limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in OL12 area or any other competitors across 12 key performance metrics.
rida international limited Ownership
RIDA INTERNATIONAL LIMITED group structure
Rida International Limited has no subsidiary companies.
Ultimate parent company
RIDA INTERNATIONAL LIMITED
10819902
rida international limited directors
Rida International Limited currently has 1 director, Mr Tauqir Baig serving since Jun 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tauqir Baig | United Kingdom | 52 years | Jun 2017 | - | Director |
P&L
June 2023turnover
123.9k
+3%
operating profit
0
0%
gross margin
20.2%
-0.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-273
0%
total assets
33.5k
0%
cash
0
0%
net assets
Total assets minus all liabilities
rida international limited company details
company number
10819902
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
June 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
03 blackthorn mews, rochdale, OL12 6XR
Bank
-
Legal Advisor
-
rida international limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to rida international limited.
rida international limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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rida international limited Companies House Filings - See Documents
| date | description | view/download |
|---|
